Recap: Applied DNA Sciences Q1 Earnings

Applied DNA Sciences (NASDAQ:APDN) reported its Q1 earnings results on Thursday, February 8, 2024 at 04:05 PM. Here’s…

Applied DNA Sciences (NASDAQ:APDN) reported its Q1 earnings results on Thursday, February 8, 2024 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Applied DNA Sciences beat estimated earnings by 70.97%, reporting an EPS of $-0.09 versus an estimate of $-0.31.

Revenue was down $4.37 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 18.43% drop in the share price the next day.

Here’s a look at Applied DNA Sciences’s past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate -0.27 -0.24 -0.2 -0.29
EPS Actual -0.26 -0.24 -0.2 -0.30
Revenue Estimate 1.60M 2.56M 4.12M 4.17M
Revenue Actual 779K 2.92M 4.41M 5.26M

To track all earnings releases for Applied DNA Sciences visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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